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2046 E Lake Blvd, Birmingham, AL 35217

3 beds • 2 baths • 1608 sqft

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This property might be a fair Airbnb investment with a projected 4.99% first-year return on $48,534 initial cash invested.

4.99%

Cash On Cash

8.99%

Cap Rate

1.36

DSCR

$2,138

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,138 income − $1,936 expenses = $202 cash flow

Income$2,138Mortgage P&I$80137%Property Taxes$563%Insurance$522%Management$32115%CapEx$864%Maintenance$864%Other$53425%Cash Flow$202

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,534

Downpayment

20%

$29,080

Closing costs

1%

$1,454

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,138

Total Expenses

$1,936

Mortgage P&I

37%

$801

Property Taxes

3%

$56

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$321

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$534

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